Www.ir.gov.sk.ca The Saskatchewan Natural Gas Advantage Availability of Crown Mineral Rights Ed Dancsok, P Eng., P Geo. Director Geology & Petroleum Lands.

Slides:

Advertisements

Similar presentations

Canadas Natural Resources – Now and for the Future 1 North American Shale Gas Revolution Presentation to APEC By Dan Cowan – Petroleum Resources Branch,

Advertisements

Overview of British Columbia’s Infrastructure Royalty Credit Program

Ministry of Energy & Mines Page 1. Oil & Gas Tenure Update 2004.

Pennsylvania Farmland Preservation Programs and Initiatives IRWA – February 24, 2010.

Introduction to Metallic and Industrial Mineral Rights in Alberta Alberta Energy Coal & Mineral Development Unit, Alberta Energy.

Addax … The Act … The Bill … & The Plan PETAN Panel Discussion Offshore Technology Conference Houston, Texas May 4, 2010.

FORM 1000S – APPLICATION TO CONDUCT SEISMIC OPERATIONS This presentation will assist you in the completion of the Form 1000S. The application to conduct.

Ezra A. Johnson July 23, 2014 Can’t we all just get along? Surface and Mineral Rights in Texas Texas Association of REALTORS.

Mineral Management NARO-Arkansas Convention March 8, 2008 Conway, Arkansas.

1 Williamson Act Public Information Meeting March 6, 2006.

Ezra A. Johnson December 12, 2013 Can’t we all just get along? Surface, Minerals and Public Utilities in Texas Texas Association of REALTORS.

Geothermal - Utah Program - General Program - General Areas of Geothermal Potential – Prospectively Valuable and Known Geothermal Resource Areas (KGRA)

National Geothermal Policy and Regulation R. Gordon Bloomquist, Ph.D. Washington State University Energy Program Salt Lake City, Utah 20 January 2004.

Public Land for the Taking A Disturbing Tale. Outline What is native prairie and what remains? Of what value native prairie? Stewardship of native prairie.

United States Geothermal Policy Geothermal Steam Act Revision Under Consideration Dr. R. Gordon Bloomquist, Ph.D. Washington State University Energy Program.

Page 1 of 36 Respective of PNG Tenure Regulation Sections 19 to 23; when Crown land is leased without a producing well and is being drained by a freehold.

EAS 430: Petroleum Geology Greg Baniak: Curtis Lettley:

FORM 1000 – APPLICATION TO DRILL, RECOMPLETE OR REENTER.

Ministry of Energy & Mines Present and Future of Coalbed Gas in British Columbia Ross Curtis Assistant Deputy Minister B.C. Ministry of Energy and Mines.

CHAPTER FOUR – SOURCES OF FINANCE. SOURCES OF FINANCE  Internal Sources  Refers to funds that are generated from within the firm itself – from owner’s.

Mining Lease Application Assessment: Processes within the Minerals and Energy Division PIRSA.

Mineral Sales. Overview Current state of Oil and Gas Industry Primary areas of operation inside the U.S. Common terms used in the industry Gaining experience.

Composed by: Jocelyn Manlongat. The discovery of oil and gas in Alberta transformed the province’s economic, political, and social structures. As oil.

COAL FOR THE FUTURE OCTOBER 11, 2012 Ministry of Energy, Mines and Natural Gas 1.

Environmental Impact Assessment Review Process for Oil and Gas Projects In Saskatchewan Larry Lechner, P. Eng. Director Environmental Assessment Branch.

The Saskatchewan Natural Gas Advantage Licensing of Wells and Facilities J. A. Brian Mathieson, Director Petroleum Development Branch.

Bringing it all Together: Oil & Gas Operations after Acquisition and Diligence Gina M. Banai.

FLOW-THROUGH FINANCING Q Safe Harbour Statement Safe Harbour Statement This presentation contains certain forward looking statements, which are.

FORM 1022A – VACUUM PUMP USE APPLICATION. This presentation will assist you in the completion of the Form 1022A. The vacuum use application. Date of Last.

Part 1.3 Mineral Rights & Leasing. Objectives After reading the chapter and reviewing the materials presented the students will be able to: Understand.

Federal Lease Overview NHAPL Half-Day Seminar February 5, 2015.

E&P STORM WATER OVERVIEW Domestic Onshore Energy E&P STORM WATER OVERVIEW Domestic Onshore Energy May 10, 2005.

1 The Bank of East Asia, Limited Financing The Deals How Can Foreign Invested Enterprises Obtain Bank Financing in China? Presented by : The Bank of East,

Low Flow Analysis & Water Use Plan Science & Community Environmental Knowledge Fund Forum June 10, 2004 Barry Ortman Diversified Technical Services Dawson.

SASKATCHEWAN INDUSTRY & RESOURCES WELL DATA SEISMIC DATA CORE LAB FACILITIES R. Troyer, P. Eng., P. Geo. Manager Sedimentary Geodata Petroleum.

PETROLEUM LAND ADMINISTRATION OVERVIEW PRESENTATION BY CAPLA Regulatory Committee.

Land Tenure – Details of Process The Saskatchewan Natural Gas Advantage Ed Dancsok, P Eng, P Geo. Director, Geology & Petroleum Lands.

Getting Oil sands to Market Pipeline development must be supported by world class environmental response systems and a balanced risk-return structure.

Closed-Joint Stock Company « SUNTARNEFTEGAS » current projects.

Health Infrastructure Renewal Fund HIRF Program LHIN and Hospital Teleconference October 25, 2013.

CONTRACTS. MINING CONTRACTS Christine Antoniette Ramos.

Peter’s & Co. Oil and Gas Conference – SEPTEMBER 2005 A Platform for Growth.

Ministry of Energy, Mines and Petroleum Resources What happens if the Moratoria are Lifted UBCM Offshore Working Group Jean Dragushan Offshore Oil and.

NATURAL GAS LEASES Understanding Your Rights Protecting Your Interests Agricultural Law Resource and Reference Center Ross H. Pifer, J.D., LL.M., Director.

 Natural gas and by-products royalty  Crude oil royalty  Synthetic crude oil and bitumen royalty  Coal royalty  Bonuses and sales of Crown.

Part Four, Issue 7 Oil and Natural Gas.

Sixth Northwest Conservation & Electric Power Plan Resource Development Parameters Jeff King Northwest Power and Conservation Council Generating Resources.

Authority for establishing these trusts is included in sections 14, 16, and 17 of the Enabling Act of 1889 and in the Morrill Act of 1862 and University.

Chapter 8 Section 1 Notes CANADA.

Checks on Other Branches In many states the legislature must approve officials and judges appointed by the governor. They also examine how well executive.

NEW FEDERAL RULES FOR GEOTHERMAL LEASING AND PERMITTING Utah Geothermal Working Group Meeting Salt Lake City March 14, 2007 Kermit Witherbee and Al Mckee.

Oil & Gas Conservation Getting a Well Drilled and Spacing Eric R. King.

The Market Outlook for Natural Gas: The Wyoming Natural Gas Pipeline Authority’s Perspective.

Current state of regulation of shale gas regulation in the UK Dr Sanna 12 March

Actualforecast Hydro, wind, and other renewables NGLs Coalbed methane Conventional natural gas Mined and in situ bitumen Conventional heavy oil Conventional.

The Lebanese Hydrocarbon Sector Abboud Zahr Managing Director DEP Levant Oil & Gas.

FISCAL REGIMES APPLIED TO NATURAL GAS PRODUCTION ADMINISTERED BY INDUSTRY AND RESOURCES  CROWN ROYALTY  FREEHOLD PRODUCTION TAX ADMINISTERED.

Valuing The Site Basic Real Estate Appraisal: Principles & Procedures – 9 th Edition © 2015 OnCourse Learning Chapter 10.

Minerals Leasing Act of 1920 Effected Minerals –Oil and Gas (Major use of act) –Sulfur in New Mex. And Louisiana –Coal –Native Asphalt, Gilsonite, Oil.

Alberta Grazing Leaseholders Association AGM 2016 Alberta Environment and Parks.

Suffolk County PDR Program Permits and Bi-Annual Review Andrew Amakawa Suffolk County Department of Economic Development and Planning.

Indian Mining Regulations CRC 956: A Study to Advance Mining on First Nation Title Lands September 15, 2016 P. Dawn Mills, Ph D Law On-Reserve Potash.

Contract Award Procedures

Federal Unit Agreements

Urban Land Bank Demonstration Program

2018 BIA Providers Conference

Alaska Region Update AAPL OCS Workshop The Woodlands, Texas John Goll

Accessing Crown Timber for Energy Production March 13, 2013

EAS 430: Petroleum Geology

What are Lebanon’s oil and gas prospects

Presentation transcript:

The Saskatchewan Natural Gas Advantage Availability of Crown Mineral Rights Ed Dancsok, P Eng., P Geo. Director Geology & Petroleum Lands Branch

Outline 1.“The Lay of the Land” 2.Disposition Types 3.Gas Areas 4.Land Values

MINERAL RIGHTS IN SASKATCHEWAN (SURVEYED AREA) CLASS AREA PERCENTAGE Millions of Ha. FREEHOLD % DOMINION CROWN 1.0 3% PROVINCIAL CROWN % Total DISPOSITION TYPES - SPECIAL EXPLORATORY PERMITS - EXPLORATION LICENCES - LEASES

Crown Oil and Gas Rights (Dispositions) March 31, 2004 March 31, 2005 NumberHectaresNumberHectares Leases19,3964,588,35120,1604,703,556 Exploration Licences445960, ,256 Special Exploratory Permits13734, ,051 Lease of Space Agreements2526, ,547 Total19,8796,310,26820,5496,338,410

Oil Shale/Oil Sands Dispositions

CROWN DISPOSITIONS

SE SASK

SW SASK

Special Exploratory Permits SIZE:UP TO 200,000 HECTARES (OVER 770 SECTIONS) TERM:5 YEARS - NO EXTENSIONS RENTAL:25 CENTS PER HECTARE PER YEAR COMMITMENT:FIRST 2 YRSAT LEAST $2.00 PER HECTARE LAST 3 YRS$4.00 PER HECTARE *TO BE SPENT ON APPROVED EXPLORATION ACTIVITY (DRILLING OR SEISMIC) *** TECHNICAL MATERIAL MUST ACCOMPANY SEISMIC CLAIMS *** *DRILL A MINIMUM OF ONE WELL. IF PERMIT EXCEEDS 100,000 HA THEN DRILL TWO WELLS EXPECTATIONS:TO CONVERT 25% TO A LEASE ** NO PRODUCTION WITHOUT GOING TO LEASE **

Lease Selections *No discovery* 25% of permit area Blocks no larger than 3 x 3 sections Blocks must be separated by at least one mile Blocks can touch at corners 60 days after permit termination to make selections

Lease Selections *Discovery* Can be made any time during term of permit 25% of permit area Any configuration for zone of discovery Must demonstrate commercial discovery Can have up six months to make selection Normal leasing on remaining zones

CROWN DISPOSITIONS

Exploration Licences SIZE:FROM 1 TO 36 SECTIONS TERM:2 YEARS FOR MOST OF THE PROVINCE 3 TO 4 YEARS FOR NORTHERN AREAS RENTAL:$1.75 PER HECTARE COMMITMENT:TO DRILL A WELL LEASE SELECTION:SECTIONS OF LAND EARNED ON THE BASIS OF DEPTH OF WELLS DRILLED. RIGHT TO EXPLORE AND PRODUCE OIL OR GAS *

Leases SIZE: UP TO 3,173 HECTARES (49 QUARTERS) (FROM PERMITS ONLY) Leases from sales are usually one section or less, however, postings of up to four sections will be accepted. TERM: 5 YEAR PRIMARY TERM Then continuance as long as production is obtained or other special conditions prevail (e.g. Gas area) ***Complete continuance guidelines located on website at: Land Tenure/Resource Assessment RENTAL: $3.50 PER HECTARE

Criteria Required Gas Area Designations Poor market conditions Poor economics due to low prices Lack of accessible pipeline facilities Environmental restrictions Resource conservation restrictions

LANDSALE VALUES ($/HECTARE)

LAND PRICE COMPARISON 2005 LANDSALE AVERAGES Saskatchewan -$275/ha. Alberta -$609/ha. 1 British Columbia -$823/ha. 1 ***The REAL Saskatchewan Advantage!*** 1 Nickel’s DAILY OIL BULLETIN

Landsale Notices and Results Go to: